Morgan Advanced Materials (MGAM.L)

Net assets on the balance sheet as of December 2023 : A$0.80 Billion

According to Morgan Advanced Materials's latest financial reports the company has A$0.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morgan Advanced Materials - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.74 B	-2.41%
2022-12-31	$A$0.76 B	17.33%
2021-12-31	$A$0.65 B	53%
2020-12-31	$A$0.42 B	-27.12%
2019-12-31	$A$0.58 B	17.09%
2018-12-31	$A$0.49 B	22.92%
2017-12-31	$A$0.40 B	43.87%
2016-12-31	$A$0.28 B	-25.65%
2015-12-31	$A$0.37 B	6.19%
2014-12-31	$A$0.35 B	-29.55%
2013-12-31	$A$0.50 B	19.99%
2012-12-31	$A$0.42 B	3.13%
2011-12-31	$A$0.40 B	6.91%
2010-12-31	$A$0.38 B	-0.89%
2009-12-31	$A$0.38 B	-10.53%
2008-12-31	$A$0.43 B	-3.13%
2007-12-31	$A$0.44 B	-11.61%
2006-12-31	$A$0.50 B	9.42%
2005-12-31	$A$0.46 B	21.43%
2004-12-31	$A$0.37 B	-39.25%
2003-12-31	$A$0.62 B	-37.3%
2002-12-31	$A$0.99 B	-16.72%
2001-12-31	$A$1.19 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Morgan Advanced Materials (MGAM.L) - Net assets